He's struggled with weight and mental health issues almost his entire life. I remember reading a article about him being homeless as child for years before his coach adopted him.
The weight gain for a lot of former athletes also comes from inactive lifestyles but still eating like they were training. Taking in all those calories without being active at all will putting loads of weight on them.
This is true of a lot of athletes they go from burning 8000 calories a day through exercise to nothing and from having a diet plan that’s given to them to eating anything they want you can easily put in 5-10 pounds a week like this
@@chrisk5800 Not from depression alone, you still have to eat them calories. I been binge eating my entire life. I went from size 42 to size 34, yes it's depression and all but let's not act like over eating has nothing to do with it. Yes we should treat the depression, which will in turn take care of the food problem. But there is a food problem.
i had to completely retrain my body i tore my acl and meniscus in my left leg my freshman year of college at Kansas. went back to smoking weed bc of not really getting drug tested and gained 50 pounds before that summer seriously i went from 6'6" 205 to 6'6" 265 from jan to fucking may bruh. long story short i am no longer a scholarship player for Kansas
It’s fun asf knowing you can eat whatever food smoke no matter how much and drink till you pass out knowing your gonna loose the weight and detox your self the next day at training since I use to train three times a day , you take training away it all goes down hill quickly
Bless this man, I remember helping my family, just to be told I was broke and a bum for helping them out and not myself because at the time they needed it. From , that point on, I cut off all friends and family members. They mad asf because their still struggling and don’t what to do or have resources to help themselves. This is best thing that happened to me.
Honestly, this is very necessary. Sometimes you have to cut off people who are leeching off of you. Despite people acting like it’s “immoral”. Somehow it isn’t immoral to take advantage of a family member though!
TH-camrs who beg for likes and subscriptions get annoying fast. Since spencer doesn’t ask I go out the way to like all his videos even if I don’t watch the whole thing. Nice video man
Its amazing how i imagine these guys mindset at 21 or 22. "I made it to the NBA, its all up hill from here!" Only to then be in financial stress a couple years later and have a skill set not applicable in the real world.
What are applicable skill sets for the “real world” ? Cuz mediocrity is at an all time high right now; u dont need to be anything special to make it in this current state of affairs. The brother will be fine. He’s reached success before, he’ll reach it again on his own terms and not what someone else deems as successful.
If he wasn't lazy he could have made a career of his skillset still. He could play abroad for good money until he doesn't want to and usually, you will get taken cared of after your playing years with coaching/misc jobs for associations you played with. This guy just doesn't have the right mindset.
No one treats binge eating like it's a serious issue but you dont gain that much weight unless you have a eating disorder. I hope he's able to get help
@@duncanshaheen6517 He is 6’9” So a 100lbs to him is like 50lbs to a 5’9” guy. If u take a 5’9” guy and run him up and down the court countless times and then he just stops It would be very ez for that guy to gain 50lbs. In fact it happens all the time. I’m 5’9. I weighed 160 in the Marines. They ran us and push ups like crazy. Now I weigh 210.
@@PInk77W1 yeah his metabolism would have plummeted and it can be easier to gain weight when your bigger but not necessarily. I stand by my point that I think he most likely something else or just using food as an outlet. Obviously ion know him and I dont even follow basket ball so it's just an opinion.
I just wish they were required to go to financial classes or given an reputable advisor when first signing on. Binging watching all of your vids, great work!!
They do, they get all the expert advice in the world from the best professionals. Some people just dont listen or learn. Most people earn under 100,000 per year and have a house and live comfortably.
Going against our own better judgement is something that makes us human, so it's not just a simple fact of being uneducated on the topic. I believe someone who has the incentive to plan for the future will seek financial education on their own, and on the other end, someone who doesn't will ignore all the advice given. I do agree that this is something that should be done, but way earlier in schools.
Before you even play a NBA game you get a week of courses like an orientation with former players and other qualified people giving you advise and speaking on these exact topics
Not sure how these videos could be considered "pocket watching." Spencer literally gets to most of these guys once there's nothing left in the pockets...🤷🏾♂️
Imagine earning an NBA paycheck,& your family immediately taking on an attitude that "THEY" are set for life. Yes, it's more than reasonable to expect parent(s) ,& siblings to receive some type of financial benefit, but not to the point of literally draining his earnings to fulfil someone else's fantasy.
A lot of former pro athletes gain significant weight when they stop playing because their calorie expenditure rate drops while their dietary habits are slower to follow. There is something to the effect of cutting back eating habits. Hit extreme weight loss is obviously more than that
Great video, but these guys are NOT sub 6% bodyfat. That is so lean you wouldn't even be able to perform at a high level. They get these Dexa scans which are notoriously innacurate. I know as I'm as a strength coach. Most of these guys are around 10-12%. Lean, but not concentration camp lean.
@Esteb5n Caballero even on PED’s you really can’t manage 5% year round it’s just taxing on the body you have no energy etc. that’s why you see guy ballon up after a body building show. Some can but it’s hard af.
@@robertlee6338 being that lean for the draft would directly inhibit their performance on the other measured activities (such as vertical leap height), which are much more important then a BF% measurement.
At such an young age, he could have extended his career by playing professionally in Europe, the Middle East or China. Perhaps it was harder to arrange this because of the corona. But marijuana is not a solution.
@@TekkLuthor Agreed, but coping mechanisms aren't going to be end-all-be-all solutions to stress, poverty, and/or depression. Weed definitely helps, but just like money, it just ends up becoming the problem. I found throughout my life that discipline, work ethic, and humility are what set people apart, both financially and in general. I was my most miserable when I was unemployed and a stoner, yet I was at my happiest when I was a curious student who'd only smoke once in a blue moon. I never realized this until I started watching these videos, but balance is the true key to happiness. The conclusion I keep coming to after watching these videos is simple: give a solid chunk of your time to work and learn each weekday, and a little time each day to really be able to kick back and relax. Caleb Swanigan most likely never had anybody at home to teach him true work ethic and discipline. He may have had a coach, but he didn't have a father directly set this tone on a day-to-day basis. I know this because my father isn't in my life and I struggle with this very topic. Because only through discipline and actually earning deserved riches from said discipline, can we actually appreciate the things we have in our lives. When you are grateful for everything, you lose nothing
Whenever I watch the "broke athletes" videos, especially the ESPN 30 for 30, there are always comments about how stupid the athlete is or how they feel no sympathy for them, which just goes to show those commenters completely missed the point. It's not about feeling one way or another about athletes who lose all their money, the videos simply explain WHY it happens.
To be fair he weighed about 400 lbs when he was 14. Found a mentor who saw the potential in him and helped him lose weight to become one of the better Big 10 players of the last decade.
Sad cause he never had a chance in life due to his parents being unstable and unreliable. Yet he made it to the NBA. He was a fan favorite in Portland. Hope he makes a turn around.
@@thegreat9481 for starters, poor financial education and a culture of social pressure to show off by buying expensive stuff puts what's "a lot of money" on another (many) order of magnitude.
Worse(not worst) case scenario he could coach at a school or open a basketball academy. I mean, being able to say you were in THE NBA has to be good for something?
Hell, he could probably get a book deal about hitting rock bottom and his climb out of it. There’s a ton he could do. Hope he is looking at his options ands climbs out of the pit.
@@MMfish_ VERY true. A book, a podcast, a TH-cam channel with a Patreon, hell, even a mini series about him getting his life, fitness, and health back on track...all of that could be very lucrative for him. Granted, it won't be NBA money but it'll be better than the status quo. I honestly hope he sees this video and gets the mental help he needs.
Spencer,honestly man you deserve greatness for what you r doing Helping the black community in US to be aware of how they should manage their finances after getting a bulk of money from whatever income sources,,sport,music,movies....ect
Even the best habits will not save people if they spend what they do you produce. I have yet to meet a rich person who spends when they are not producing or more than they are producing.
Saints Running Back Alvin Kamara has played several season on the NFL & he has still yet to waste a penny of his NFL pay cheque. Other NFL players should take example of Kamara !
Those guys are Considered Korny, and for these young athletes to have so much Puxxy available to them instantly is mind blowing, these guys are feeble minded lil Children, in Adult sized bodies....When they mentally grow up and some never do, its too late..and will become the guy, who USE to play ball....
Basketball players are similar to marathon runners. Slightly more buff for centers and power forwards, but most other players have to be very slim to play the game at a high level.
He grew up with terrible eating habits. His father died at 500 pounds, and Caleb was just born into that lifestyle. When your family is so poor, you'd rather go for the cheetos than a $20 healthy salad. I understand why he's so big- he was just born into that lifestyle, and once he got out of the NBA, he went back to that lifestyle. Sad.
Going outside isn’t the difference. Weight loss / gain is 80% what you eat, and 20% exercise. But I don’t know what this has to do with the eating habits he took up as a child. He grew up around bad food, was morbidly obese as a child, and a teensy bit of exercise wouldn’t do much. I don’t know the relevancy of your opening statement, diet is the main factor in rapid weight gain, and my initial point is that he grew up with horrid eating habits, and probably went back to those
@Alpha Omega ok what exactly does that have to do with Caleb Swanigan + again, weight gain / loss is 80% eating. A bit of exercise will not get you from morbidly obese to healthy
@Alpha Omega I do get it, but I don’t think you’ve heard of the 80/20 rule. Exercise won’t do a whole ton, it will aid in calorie deficit, but again, it is mostly what you eat. Intense exercise for a child will burn 300 calories maximum. If you’re eating the type of food that Caleb is eating, exercise will not be enough to sustain a calorie deficit.
Your TH-cam videos really show people how to be smarter with money. Glad to see someone actually exposing frauds and fake gurus without trying to sell us something themselves. Giving awareness of how these athletes can go broke has really thought me to be smarter with my money. I subscribed because these videos actually teach you how the world really works. TH-cam is full of fantasies just like Instagram. I've decided to watch more videos like these and just improve my cognitive health. Some of these other youtubers actually dumb you down. Keep up the good work.
Also, these guys had trainings all the time during the carrer, they could eat what they want, they would burn everything. As soon as the carreer ends, this suddenly is just a pasttime activity, no need to do hourlong training all day everyday. But, most people keep eating as they did before. I had that experience end of college, where i was in great shape, enough time to train, then i got a fulltime job, no time to train (and no power too) and BOOM all the weight i lost came back almost instantly.
I vaguely remember him because I saw a lot of Blazers games. I threw him in a few fantasy showdown lineups so I could fit in more studs and would hope he just sees the floor. I didn’t make big money, just played for fun. I really hope he lands ok even though his NBA days are probably behind him. The silver lining is he’s still young and probably still has connections to the right kind of pro athletes. Great video. Keep it up.
i hate it when i realise just how much of a hater i really am and it pains me to find out. Never judge anyone.. like my mom used to say, Everyone carries his own cross..
There might be many investments out there but if profit must be considered,which is the actual sole of investment, I will advice you to go into bitcoin trading because it has higher profit than most investment.
Those body fat percentages are very inaccurate. These are guesses. One of those percentages was 2% which would mean the player would be dead. You need at 3% body fat to maintain basic body functions. But those kids are probably around 8-12% body fat or even more. It is very difficult to stay sub 10% and gets even more difficult for each percent closer to 5%. A healthy lean body fat percentage is around 12-25% so anything leaner could have adverse effects like the person being lethargic meaning no energy. Does this sound like a basketball professional? Remember, the best body builders in the world are show-ready at 5-6% and are in extreme hunger while doing so. They have no energy. Does this sound like something a professional basketball player could keep up for an entire season?
Yeah even bodybuilders will admit to doing like 50% of their workout when their contest ready because they feel so weak and tired. Very funny to see players that are pretty “fat” by athlete standards who are like 20% bf minimum being calculated at like 6-8% somehow lmao
Something to look into: I think athletes usually have to pay state income tax in every state they play. Not for their entire income, but for the games where they earned money on the road. Heard this is really hard on game staff that can’t afford expensive tax accounts.
Dude, you seem so well put together. Id love to have what you have. Would you make a video about the hardships you have had in the past? i think that would be a good video.
*Many Are Always Complaining About Low Benefits In Bitcoin Trade I Smile Because You Can't Just Jump Inside Bitcoin Without Knowing It's Policy And Strategies I Advice Beginners To Trade With An Experience Person Before Trading On Their Own Bitcoin Is The Best Investment We Can Think Of Because It's Zero Stress*
That’s right, but choice of investment has always been a big problem for me because I know that picking up the wrong investment will leave a big scar in the future
There might be so many investments out there but if profit must be considered which the actual sole aim of every investment is then I'll advise you to go into bitcoin trading because it has a higher profit rate than most investments
I hope everything goes okay with him. Sounds like he's having a tough time. I really enjoy how you break these kind of videos down. I think most people have a really unrealistic view of entertainment .Who is actually wealthy and who is not. Great job.
Just googled it, he really did have weight issues as a kid and here an ESPN article that’s fascinating www.espn.com/mens-college-basketball/story/_/id/18523734/purdue-caleb-swanigan-overcoming-obesity-homelessness-become-big-nba-prospect
Everyone would go broke when they get that kind of money as such a young age. The only one's that say they wouldn't because they would invest are the one's that never had that kind of money lol
Introverts maybe, but otherwise yeah. Most sacrificed gaining knowledge about anything for developing their skills. Thus it isn't a surprise they don't make moves like someone with a degree in finance.
@@akin242002 I don't think the degree matters when the money comes in that fast. Just life hits u fast and u start running with it. Maybe at the age of 40 you can make different decisions.
I sub'd cause this is so much positive information in this vid! No bashing. I would def love to see more of your work! This is great work. You should teach 'content-creators' how best to present their contents and quit been thristy for subs and likes!
Curious how poor people like these who get rich spend all their money on stuff that rich people make. Like they spend everything on high fashion, ferraris and lambos, rolexes and jewelry, expensive trips, expensive mansions. All of these are produced by the rich, ultimately making them richer, and the players end up poor again💀💀💀
When you are playing you are training every day and you have a high calorie intake to keep up your energy levels. When you stop and you can't break your eating habit you inflate like a balloon.
The thing is - they are NOT responsible for paying all the bills for their parents, girlfriends, grandparents, immediate family, cousins, extended cousins, friends etc. They are responsible for themselves only and their kids. I don't feel sympathy for people who blow through their money and spend more than your average person makes per year on luxuries alone.
NAH NAH NAH, just cos you rich now, doesn't mean u can keep providing your family forever... THAT'S DUMB, that's not the reason why they raised us, or even had us.
Yeah I think it’s legal but only up to a certain amount. But idk how it can be legal to use it but illegal to sell it??? Doesn’t seem like it’s a very sustainable market when people can buy but not sell
@@paolosyme5510 And people are selling, that is a fact. I live in OR, and they advertise all the time on billboards, in the alternative papers, on the internet. They have store fronts and advert budgets, for sure. It has to be a license issue.
Usually in states where it is legal, they have certain stipulations still. For example, you cannot possess over x lbs of marijuana, or have over x amount of plants growing in your house. You can only travel with a certain weight of it on your person/in vehicle, and cannot distribute it/sell it legally- unless you become licensed and open your own weed shop, that type of thing. Just selling it to your homeboy on the side is still drug dealing lol
Thank you so much for the segue into mental health and food related problems. As someone who is obese you’re definitely right when you said that no one who is eating large amounts of food has life going well and they’re okay with themselves. Food is tasty, but it’s not THAT good where people need to binge eat and gain large amounts of weight. Food is our alcohol, our drug, our escape. For some people telling them to “put down the fork” is like telling a drug addict to “just say no” to drugs. No one needs drugs, but people have to eat everyday.
Always sad seeing this happen to guys we root for, not knowing what their personal struggles are. Always been a fan of Calebs after learning about the hardships he overcame to make it as far as he did, and I hope he can find a career he enjoys
So many of these men grew up without shit in their lives. They’re supposed to have the mindset, mentality and wisdom of a wealthy individual when two years ago they were pooling change together for noodles? It’s sad because these young men have more than enough to set their future generations up nicely and they end up pissing it away in five years. If that.
Your comments on rapid weight gain are 100% accurate. It’s a mental issue for people in that situation. We can really resolve a lot of obesity in this country if we took mental health seriously
But then he'll be like most of the other fitness influencers selling a cookie cutter plan. If you want to lose wright, it's simple ....calorie deficit to your goal, then calorie maintenance.
Most of the players must be there to change their life due to the struggles in their lives like poor income for example and the fact they go broke afterwards really scare me because we were never given financial advice before in school on how we should manage our finances.
Let's say he's taxed 50% on 5 Million, that's enough money left to live off of S&P500 Dividends forever. You never have to work again or sell any stocks if you manage your money correctly.
Plus dividends get taxed at a lower rate than most income if you hold the stock/etf for more than 60 days. Going from 50% in CA to 15%. It still wouldn't solve the entourage problem.
Caleb has a sad story, he was in a bad situation then rose, just to fall again. His eating habits are the cause of his downfall and it really isn’t in his control.
His eating habits is very much within his control. He needs to seek therapy because I believe his eating disorder is an issue with self that direly needs to be addressed. Whatever it is I hope he can forgive himself and know that he is good enough.
Good stuff, Spencer. I like your videos. Regarding this one...or some similar. I agree with all but you should ask why 50% of "income" is taxed (less without the agents blabla). There is no business model that works with taxes as high as that lomgterm, its just grinding.
Man, I'd hire you Spencer if I was a pro athlete lol. That would be cool to see a documented financial coaching of a professional athelete on TH-cam. Keep up the great content
He's struggled with weight and mental health issues almost his entire life. I remember reading a article about him being homeless as child for years before his coach adopted him.
¹%%
I remember playing 2k and the announcers saying that
Childhood Demons will always Haunt us even till adulthood 😔
I’ve always said obesity should be seen as a mental illness like anorexia. I know it sounds crazy to some.
@ Exactly. Then u throw the covid lockdowns into the equation which exacerbates the problem.
The weight gain for a lot of former athletes also comes from inactive lifestyles but still eating like they were training. Taking in all those calories without being active at all will putting loads of weight on them.
This is true of a lot of athletes they go from burning 8000 calories a day through exercise to nothing and from having a diet plan that’s given to them to eating anything they want you can easily put in 5-10 pounds a week like this
The weight gain was from depression, he suffered a lot as a kid. Watch his documentary from highschool.
@@chrisk5800 Not from depression alone, you still have to eat them calories. I been binge eating my entire life. I went from size 42 to size 34, yes it's depression and all but let's not act like over eating has nothing to do with it.
Yes we should treat the depression, which will in turn take care of the food problem. But there is a food problem.
i had to completely retrain my body i tore my acl and meniscus in my left leg my freshman year of college at Kansas. went back to smoking weed bc of not really getting drug tested and gained 50 pounds before that summer seriously i went from 6'6" 205 to 6'6" 265 from jan to fucking may bruh. long story short i am no longer a scholarship player for Kansas
It’s fun asf knowing you can eat whatever food smoke no matter how much and drink till you pass out knowing your gonna loose the weight and detox your self the next day at training since I use to train three times a day , you take training away it all goes down hill quickly
Y'all going to act like you didn't hear "Allowance for the Side G/F" dwl lol
Mannnnn that killed me 😂
also that "assisstant" friend 😂😂
That woke me out of my sleep! 😳😂
Bless this man, I remember helping my family, just to be told I was broke and a bum for helping them out and not myself because at the time they needed it. From , that point on, I cut off all friends and family members. They mad asf because their still struggling and don’t what to do or have resources to help themselves. This is best thing that happened to me.
They took advantage of your kindness killing what this world needs. They're toxic af
For some reason it not making sense
Honestly, this is very necessary. Sometimes you have to cut off people who are leeching off of you. Despite people acting like it’s “immoral”. Somehow it isn’t immoral to take advantage of a family member though!
@@happyguy2k Narcs. Of course it doesn’t make sense
Good for you. Fuck them; their salvation is not your burden nor responsibility.
TH-camrs who beg for likes and subscriptions get annoying fast. Since spencer doesn’t ask I go out the way to like all his videos even if I don’t watch the whole thing. Nice video man
What really annoys me is people asking you to like the video before you've watched it??!
same
@@mikebizzleuk cough cough @ graham stephan
Spencer doesn't ask for likes and sub cause he has other way of making money becoming successful on TH-cam is not easy so don't judge others
Its amazing how i imagine these guys mindset at 21 or 22. "I made it to the NBA, its all up hill from here!" Only to then be in financial stress a couple years later and have a skill set not applicable in the real world.
*downhill
What are applicable skill sets for the “real world” ? Cuz mediocrity is at an all time high right now; u dont need to be anything special to make it in this current state of affairs. The brother will be fine. He’s reached success before, he’ll reach it again on his own terms and not what someone else deems as successful.
To get to the nba, it shows how high his work ethic could be, that’s a plus
I doubt many think that to be honest. I meam getting into the NBA is one thing, maintaining your spot is the most difficult.
If he wasn't lazy he could have made a career of his skillset still.
He could play abroad for good money until he doesn't want to and usually, you will get taken cared of after your playing years with coaching/misc jobs for associations you played with.
This guy just doesn't have the right mindset.
No one treats binge eating like it's a serious issue but you dont gain that much weight unless you have a eating disorder. I hope he's able to get help
He likes to eat. That’s his eating disorder
@@PInk77W1 liking to eat doesn't make you gain 100lb (give or take, probably give) in a year. It's pretty obviously some form of binge eating
@@duncanshaheen6517
He is 6’9”
So a 100lbs to him is like 50lbs to a
5’9” guy.
If u take a 5’9” guy and run him up and down the court countless times and then he just stops
It would be very ez for that guy to gain 50lbs.
In fact it happens all the time.
I’m 5’9. I weighed 160 in the Marines. They ran us and push ups like crazy. Now I weigh 210.
@@PInk77W1 yeah his metabolism would have plummeted and it can be easier to gain weight when your bigger but not necessarily. I stand by my point that I think he most likely something else or just using food as an outlet. Obviously ion know him and I dont even follow basket ball so it's just an opinion.
@@duncanshaheen6517 I think his biggest problem is he has no plan. People just let life happen to them, instead of having a plan.
Praying for the best for him.
@Alpha Omega who cares if it doesn’t. You live your life and let her live hers. Weirdo.
@Alpha Omega you’re a legit clown. I’m praying for you bro 🙏
Why?
@Alpha Omega I’m not religious……
@Alpha Omega Says the dummy who calls themself Alpha and Omega, as if we don't now that came out of the Bible...DUMASS
I just wish they were required to go to financial classes or given an reputable advisor when first signing on. Binging watching all of your vids, great work!!
NFL is doing that now
They do, they get all the expert advice in the world from the best professionals. Some people just dont listen or learn. Most people earn under 100,000 per year and have a house and live comfortably.
Going against our own better judgement is something that makes us human, so it's not just a simple fact of being uneducated on the topic.
I believe someone who has the incentive to plan for the future will seek financial education on their own, and on the other end, someone who doesn't will ignore all the advice given.
I do agree that this is something that should be done, but way earlier in schools.
Before you even play a NBA game you get a week of courses like an orientation with former players and other qualified people giving you advise and speaking on these exact topics
I thought they were
Depression can take down ANYONE!
Anyone
True look at the young celebrities with looks, money and status and end up taking their own life.
Depression isn't real
@@KallusGarnet yes it is
@@KallusGarnet just because you haven't experienced it doesn't mean it's not real
Wow this is awful. He played as recently as 2019 and look at how he ballooned. He’s going through something and I hope he gets the help he needs.
Yeah i was thinking hes been out of the league for a decade. I hope this guy gets help
2019???? This is sad :(
I love it when Spencer makes videos about sports and finances. It's some of the best content on TH-cam in my opinion
Not sure how these videos could be considered "pocket watching." Spencer literally gets to most of these guys once there's nothing left in the pockets...🤷🏾♂️
Imagine earning an NBA paycheck,& your family immediately taking on an attitude that "THEY" are set for life. Yes, it's more than reasonable to expect parent(s) ,& siblings to receive some type of financial benefit, but not to the point of literally draining his earnings to fulfil someone else's fantasy.
A lot of former pro athletes gain significant weight when they stop playing because their calorie expenditure rate drops while their dietary habits are slower to follow. There is something to the effect of cutting back eating habits. Hit extreme weight loss is obviously more than that
Great video, but these guys are NOT sub 6% bodyfat. That is so lean you wouldn't even be able to perform at a high level. They get these Dexa scans which are notoriously innacurate. I know as I'm as a strength coach. Most of these guys are around 10-12%. Lean, but not concentration camp lean.
😭 not concentration camp lean
@Esteb5n Caballero even on PED’s you really can’t manage 5% year round it’s just taxing on the body you have no energy etc. that’s why you see guy ballon up after a body building show. Some can but it’s hard af.
Says the dude who looks like he’s on peds. 😂
Just subscribed to support! 💪
@@robertlee6338 being that lean for the draft would directly inhibit their performance on the other measured activities (such as vertical leap height), which are much more important then a BF% measurement.
At such an young age, he could have extended his career by playing professionally in Europe, the Middle East or China. Perhaps it was harder to arrange this because of the corona. But marijuana is not a solution.
You see the shape he’s in right? He didn’t gain that weight during quarantine. That’s not why he’s not playing overseas
Marijuana isn't the problem neither. If anything it helped him cope with anxiety and stress
@@TekkLuthor Agreed, but coping mechanisms aren't going to be end-all-be-all solutions to stress, poverty, and/or depression. Weed definitely helps, but just like money, it just ends up becoming the problem. I found throughout my life that discipline, work ethic, and humility are what set people apart, both financially and in general. I was my most miserable when I was unemployed and a stoner, yet I was at my happiest when I was a curious student who'd only smoke once in a blue moon. I never realized this until I started watching these videos, but balance is the true key to happiness.
The conclusion I keep coming to after watching these videos is simple: give a solid chunk of your time to work and learn each weekday, and a little time each day to really be able to kick back and relax. Caleb Swanigan most likely never had anybody at home to teach him true work ethic and discipline. He may have had a coach, but he didn't have a father directly set this tone on a day-to-day basis. I know this because my father isn't in my life and I struggle with this very topic. Because only through discipline and actually earning deserved riches from said discipline, can we actually appreciate the things we have in our lives. When you are grateful for everything, you lose nothing
Whenever I watch the "broke athletes" videos, especially the ESPN 30 for 30, there are always comments about how stupid the athlete is or how they feel no sympathy for them, which just goes to show those commenters completely missed the point. It's not about feeling one way or another about athletes who lose all their money, the videos simply explain WHY it happens.
That rent for the side piece adds up! 😆
To be fair he weighed about 400 lbs when he was 14.
Found a mentor who saw the potential in him and helped him lose weight to become one of the better Big 10 players of the last decade.
Discussing issues with finance manager is way better than being on cociane !!
Sounds like you’ve never done cocaine ha jk
True but less fun.
@@kevindudson2344 less fun? nah
I personally love talking numbers
De La Hoya would not agree :D
Cocaine is fun Af
This is honestly heartbreaking 💔 my heart goes out to him. I hope he gets the help he needs.
Billionaires, millionaires, doesn’t matter if they are an athlete. It’s easy for many to go broke...and most do
Probably your best Why Athletes Go Broke videos, yet. Very educational. I hope things work out for Caleb eventually.
😕 What's crazy is he's only 24...man I hope he gets better.
Sad cause he never had a chance in life due to his parents being unstable and unreliable. Yet he made it to the NBA. He was a fan favorite in Portland. Hope he makes a turn around.
The root of SO MANY problems..shifty parents. Makes me feel truly blessed and want to be the best parent I can be
he had a chance, he made to the NBA
"He never had a chance"
"he made it to the NBA"
You people are so annoying.
It's still a lot of money, the problem isn't the money but the culture and education.
What culture? What education? Is required 🤔
@@thegreat9481 for starters, poor financial education and a culture of social pressure to show off by buying expensive stuff puts what's "a lot of money" on another (many) order of magnitude.
What's even the point of saying this if you don't elaborate?
@@thegreat9481 financial literacy. The rest is just racism
@@bellezanegra0206 that was my point lol
People calling you a pocket watcher make me laugh.
If he gets back in shape he’ll get a contract overseas just based off his nba experience
Worse(not worst) case scenario he could coach at a school or open a basketball academy.
I mean, being able to say you were in THE NBA has to be good for something?
Hell, he could probably get a book deal about hitting rock bottom and his climb out of it. There’s a ton he could do. Hope he is looking at his options ands climbs out of the pit.
@@solonyetski True
@@MMfish_ Yeah let's hope he does
@@MMfish_ VERY true. A book, a podcast, a TH-cam channel with a Patreon, hell, even a mini series about him getting his life, fitness, and health back on track...all of that could be very lucrative for him. Granted, it won't be NBA money but it'll be better than the status quo. I honestly hope he sees this video and gets the mental help he needs.
Every single one of your videos are informative. People will say what they want but your unique and funny videos are one of a kind. Keep it up.
Spencer,honestly man you deserve greatness for what you r doing
Helping the black community in US to be aware of how they should manage their finances after getting a bulk of money from whatever income sources,,sport,music,movies....ect
He's helping ALL communities in the US with their finances... why does everything have to be about race all the damn time...
I laughed so hard when you mentioned “side girlfriend apt” ☠️☠️☠️☠️
He had amazing weight loss in college that was part of his story and made an amazing run in March madness which raised his draft stock
When this video was first posted, I hoped that he’d be able to turn things around. I’m sad to hear about his death 😔
Bad habits, they’ll do it every time.
Have compassion
@@nbajunkie7925 why?.
Even the best habits will not save people if they spend what they do you produce. I have yet to meet a rich person who spends when they are not producing or more than they are producing.
“You don’t balloon in weight when everything is good in life”😂😂😂
You're right man 😣
Not true those old times kings were fat from living well and its like that today with successful people
@@jeanfanord3715 but deep down they were not happy
it can happen
@@jesseomollo9405 why? do you know? or do u say that just because "anybody fat cant be happy"
Saints Running Back Alvin Kamara has played several season on the NFL & he has still yet to waste a penny of his NFL pay cheque. Other NFL players should take example of Kamara !
Jamal Mashburn is another example. Owns something like 80 franchises
Those guys are Considered Korny, and for these young athletes to have so much Puxxy available to them instantly is mind blowing, these guys are feeble minded lil Children, in Adult sized bodies....When they mentally grow up and some never do, its too late..and will become the guy, who USE to play ball....
*4
@@msway836 Trust me nobody's calling a pro athlete corny. You speak hella facts tho G
I love the fact that your videos don’t have no crony intro. You get right into the fricken content BEST CHANNEL ON TH-cam HANDS DOWN
Professional athletes, at best, are going to be 12-14%.
Basketball players run up and down the court
Endlessly.
Baseball players sit in the dugout most the time
Or sit and wait for the ball to come to them.
@@PInk77W1 yeah, but these are probably dexa results wich exaggerate the real percentage, i'd say nba players hover between 8 and 12 for the lean guys
@@matsbartram7642 8 is very Lo
Basketball players are similar to marathon runners. Slightly more buff for centers and power forwards, but most other players have to be very slim to play the game at a high level.
@@matsbartram7642 Like the time when everyone kept saying DK Metcalf was single digit body fat 😂
I love your real estate videos...can you make more of those informative videos about smart skills you’d recommend for young people
He grew up with terrible eating habits. His father died at 500 pounds, and Caleb was just born into that lifestyle. When your family is so poor, you'd rather go for the cheetos than a $20 healthy salad. I understand why he's so big- he was just born into that lifestyle, and once he got out of the NBA, he went back to that lifestyle. Sad.
@Alpha Omega huh
I’m talking about his upbringing and how he developed bad eating habits but ok
Going outside isn’t the difference. Weight loss / gain is 80% what you eat, and 20% exercise. But I don’t know what this has to do with the eating habits he took up as a child. He grew up around bad food, was morbidly obese as a child, and a teensy bit of exercise wouldn’t do much. I don’t know the relevancy of your opening statement, diet is the main factor in rapid weight gain, and my initial point is that he grew up with horrid eating habits, and probably went back to those
@Alpha Omega ok what exactly does that have to do with Caleb Swanigan + again, weight gain / loss is 80% eating. A bit of exercise will not get you from morbidly obese to healthy
@Alpha Omega I do get it, but I don’t think you’ve heard of the 80/20 rule. Exercise won’t do a whole ton, it will aid in calorie deficit, but again, it is mostly what you eat. Intense exercise for a child will burn 300 calories maximum. If you’re eating the type of food that Caleb is eating, exercise will not be enough to sustain a calorie deficit.
Your TH-cam videos really show people how to be smarter with money. Glad to see someone actually exposing frauds and fake gurus without trying to sell us something themselves. Giving awareness of how these athletes can go broke has really thought me to be smarter with my money. I subscribed because these videos actually teach you how the world really works. TH-cam is full of fantasies just like Instagram. I've decided to watch more videos like these and just improve my cognitive health. Some of these other youtubers actually dumb you down. Keep up the good work.
Also, these guys had trainings all the time during the carrer, they could eat what they want, they would burn everything. As soon as the carreer ends, this suddenly is just a pasttime activity, no need to do hourlong training all day everyday. But, most people keep eating as they did before. I had that experience end of college, where i was in great shape, enough time to train, then i got a fulltime job, no time to train (and no power too) and BOOM all the weight i lost came back almost instantly.
Damn, just watched this now and looked him up. He passed away about a week ago, so sad that he wasn't able to recover.
Rest In Peace to Caleb he just died this morning 💔
I'm just watching this and now that story is over, I feel so bad for him man
I vaguely remember him because I saw a lot of Blazers games. I threw him in a few fantasy showdown lineups so I could fit in more studs and would hope he just sees the floor. I didn’t make big money, just played for fun.
I really hope he lands ok even though his NBA days are probably behind him. The silver lining is he’s still young and probably still has connections to the right kind of pro athletes. Great video. Keep it up.
The witty jokes have me laughing man. Great information though.
Bro you would save these athletes alot of money as a financial advisor. Great video bud 💪🏾
i hate it when i realise just how much of a hater i really am and it pains me to find out. Never judge anyone.. like my mom used to say, Everyone carries his own cross..
... I had that same epiphany... 2 days ago... sounds like maturity and humility... God's good.
sometimes something someone says overrides what you are thinking... im glad he could support the people around him.
We should be careful on money useage,if you are not spending to earn back,then stop spending.
Apparently my view on the solution is to venture into business .
True ! Even some rich men made it through investing there money in something doing and they made it.
I do real estate,stock market ,forest trade and cryptosystem.
The right chioce of an investment has always been a big problem for me I know picking a wrong investment will leave a big scar in the future
There might be many investments out there but if profit must be considered,which is the actual sole of investment, I will advice you to go into bitcoin trading because it has higher profit than most investment.
I always like Spencer’s videos before I even watch. Mainly I know it’s going to be good and he doesn’t ask.
Those body fat percentages are very inaccurate. These are guesses. One of those percentages was 2% which would mean the player would be dead. You need at 3% body fat to maintain basic body functions. But those kids are probably around 8-12% body fat or even more. It is very difficult to stay sub 10% and gets even more difficult for each percent closer to 5%. A healthy lean body fat percentage is around 12-25% so anything leaner could have adverse effects like the person being lethargic meaning no energy. Does this sound like a basketball professional? Remember, the best body builders in the world are show-ready at 5-6% and are in extreme hunger while doing so. They have no energy. Does this sound like something a professional basketball player could keep up for an entire season?
Just wrote a similar response above. These readings are WAY off
Yeah even bodybuilders will admit to doing like 50% of their workout when their contest ready because they feel so weak and tired. Very funny to see players that are pretty “fat” by athlete standards who are like 20% bf minimum being calculated at like 6-8% somehow lmao
@@godzlegendz I'd suspect that these readings were a simple dexa scan reading.
I know his family here in Salt Lake City. Great people. Wish him nothing but the best.
Something to look into: I think athletes usually have to pay state income tax in every state they play. Not for their entire income, but for the games where they earned money on the road. Heard this is really hard on game staff that can’t afford expensive tax accounts.
he literally said this in the video clown
Spencer this is a great video. I have recently started watching your videos and this old video was suggested. Keep up the great work.
Dude, you seem so well put together. Id love to have what you have. Would you make a video about the hardships you have had in the past? i think that would be a good video.
Watch his recent video about losing 100k in real estate if you haven't yet
He got a C on his final exam can you imagine the trauma
So sad to see someone fall this bad 😞
*Many Are Always Complaining About Low Benefits In Bitcoin Trade I Smile Because You Can't Just Jump Inside Bitcoin Without Knowing It's Policy And Strategies I Advice Beginners To Trade With An Experience Person Before Trading On Their Own Bitcoin Is The Best Investment We Can Think Of Because It's Zero Stress*
Sure this day, Bitcoin is how many people create Wealth I'm happy I started investing from the pandemic crash and now I'm gaining much in it
You're absolutely right bitcoin is the best so far
Sure Investment is the stepping stones to success
That’s right, but choice of investment has always been a big problem for me because I know that picking up the wrong investment will leave a big scar in the future
There might be so many investments out there but if profit must be considered which the actual sole aim of every investment is then I'll advise you to go into bitcoin trading because it has a higher profit rate than most investments
I hope everything goes okay with him. Sounds like he's having a tough time. I really enjoy how you break these kind of videos down. I think most people have a really unrealistic view of entertainment .Who is actually wealthy and who is not. Great job.
I remember hearing about how Caleb had issues with his weight when he was a kid
(My source “trust me bro”) 😂
Just googled it, he really did have weight issues as a kid and here an ESPN article that’s fascinating
www.espn.com/mens-college-basketball/story/_/id/18523734/purdue-caleb-swanigan-overcoming-obesity-homelessness-become-big-nba-prospect
Everyone would go broke when they get that kind of money as such a young age. The only one's that say they wouldn't because they would invest are the one's that never had that kind of money lol
Introverts maybe, but otherwise yeah. Most sacrificed gaining knowledge about anything for developing their skills. Thus it isn't a surprise they don't make moves like someone with a degree in finance.
@@akin242002 I don't think the degree matters when the money comes in that fast. Just life hits u fast and u start running with it. Maybe at the age of 40 you can make different decisions.
I’ve been saving since I was 14 and started investing at 17. So did a lot of my peers. No excuses.
@@newstation795 lol ur talking a couple thousand bucks vs millions all at once
@@nyrubin exactly.
This was a fair video and I appreciate you being neutral and not passing judgment. This was refreshing to watch 💪🏾💪🏾💪🏾💪🏾
He was on the borderline of big when he played. I’m a kings fan I saw a good share of him
I sub'd cause this is so much positive information in this vid! No bashing. I would def love to see more of your work! This is great work. You should teach 'content-creators' how best to present their contents and quit been thristy for subs and likes!
Vin Baker and Antoine Walker both had 100 million dollars the type of money that could of been passed on four generations, and they BLEW IT ALL!
Curious how poor people like these who get rich spend all their money on stuff that rich people make.
Like they spend everything on high fashion, ferraris and lambos, rolexes and jewelry, expensive trips, expensive mansions. All of these are produced by the rich, ultimately making them richer, and the players end up poor again💀💀💀
My god content so clean and well put together👍💯👊
When you are playing you are training every day and you have a high calorie intake to keep up your energy levels. When you stop and you can't break your eating habit you inflate like a balloon.
The thing is - they are NOT responsible for paying all the bills for their parents, girlfriends, grandparents, immediate family, cousins, extended cousins, friends etc. They are responsible for themselves only and their kids. I don't feel sympathy for people who blow through their money and spend more than your average person makes per year on luxuries alone.
NAH NAH NAH, just cos you rich now, doesn't mean u can keep providing your family forever... THAT'S DUMB, that's not the reason why they raised us, or even had us.
That is what alot of parents and families do
I dont know y this chanel keeps popping up but I watched 3 videos so I just ended up subscribing 🤷
Hold up. Arrested for possession of marijuana in a state where its legal? Huh?
He has to have a license to distribute have that much right?
@@bellezanegra0206 That is probably it.
Yeah I think it’s legal but only up to a certain amount. But idk how it can be legal to use it but illegal to sell it??? Doesn’t seem like it’s a very sustainable market when people can buy but not sell
@@paolosyme5510 And people are selling, that is a fact. I live in OR, and they advertise all the time on billboards, in the alternative papers, on the internet. They have store fronts and advert budgets, for sure. It has to be a license issue.
Usually in states where it is legal, they have certain stipulations still. For example, you cannot possess over x lbs of marijuana, or have over x amount of plants growing in your house. You can only travel with a certain weight of it on your person/in vehicle, and cannot distribute it/sell it legally- unless you become licensed and open your own weed shop, that type of thing. Just selling it to your homeboy on the side is still drug dealing lol
Thank you so much for the segue into mental health and food related problems. As someone who is obese you’re definitely right when you said that no one who is eating large amounts of food has life going well and they’re okay with themselves.
Food is tasty, but it’s not THAT good where people need to binge eat and gain large amounts of weight. Food is our alcohol, our drug, our escape. For some people telling them to “put down the fork” is like telling a drug addict to “just say no” to drugs. No one needs drugs, but people have to eat everyday.
Hope things work out for Caleb.
Damn I’m getting better at catching your vids early, 2 mins new record \o/
Thicc boy
Always sad seeing this happen to guys we root for, not knowing what their personal struggles are. Always been a fan of Calebs after learning about the hardships he overcame to make it as far as he did, and I hope he can find a career he enjoys
Well he dead now:(
So many of these men grew up without shit in their lives. They’re supposed to have the mindset, mentality and wisdom of a wealthy individual when two years ago they were pooling change together for noodles? It’s sad because these young men have more than enough to set their future generations up nicely and they end up pissing it away in five years. If that.
Your comments on rapid weight gain are 100% accurate. It’s a mental issue for people in that situation. We can really resolve a lot of obesity in this country if we took mental health seriously
He should lose the weight and use his story to sell a fitness course as a previous pro NBA player. He doesn't have to give up and I hope he doesn't.
But then he'll be like most of the other fitness influencers selling a cookie cutter plan. If you want to lose wright, it's simple ....calorie deficit to your goal, then calorie maintenance.
Most of the players must be there to change their life due to the struggles in their lives like poor income for example and the fact they go broke afterwards really scare me because we were never given financial advice before in school on how we should manage our finances.
caleb was feeding 12 calebs
one thing schools never teach you, financial responsibility. Yet it's probably the most important lesson everyone needs to learn.
Let's say he's taxed 50% on 5 Million, that's enough money left to live off of S&P500 Dividends forever. You never have to work again or sell any stocks if you manage your money correctly.
Plus dividends get taxed at a lower rate than most income if you hold the stock/etf for more than 60 days. Going from 50% in CA to 15%.
It still wouldn't solve the entourage problem.
Great video Spencer.
Caleb has a sad story, he was in a bad situation then rose, just to fall again. His eating habits are the cause of his downfall and it really isn’t in his control.
LMAO, are HIS eating habits a result of slavery, racism and oppression, since they are "really not in his control"?
Everything about Caleb story was in his control. It's out of control now. It's sad. But the fact is that Caleb made the wrong decisions and failed.
His eating habits is very much within his control. He needs to seek therapy because I believe his eating disorder is an issue with self that direly needs to be addressed. Whatever it is I hope he can forgive himself and know that he is good enough.
@Josh s. not too bright, are you?
@@Supatrader Nope. It was because of Black women's weaves and color palettes...
Keep the vids coming...forget the haters
Not something I like to see at all. That’s a gnarly life that man has lived.
love ur vids mehn. very educative. its why i have made financial education a top priority (its pointless making all that money just to end up poor)
Invest in yourself.
That picture of sacramento is some fighting words ..
Damn, you assume homie is broke cause he’s a little big now???
Or because he's drug dealing now?
Spencer: Talking about binge eating
Me: *Binge Eating* Then going to workout after to make myself feel good.
Good stuff, Spencer. I like your videos. Regarding this one...or some similar. I agree with all but you should ask why 50% of "income" is taxed (less without the agents blabla). There is no business model that works with taxes as high as that lomgterm, its just grinding.
Sad to see Embiid let himself go like that
Its not the end of the world
He can turn things around
Hope he makes a full recovery
Man, I'd hire you Spencer if I was a pro athlete lol. That would be cool to see a documented financial coaching of a professional athelete on TH-cam. Keep up the great content
Lolol I love the Portland and Sacramento pictures
Favorite youtube channel 🤙🏽
Tyler hero is ballin this season for that extension
I think he'll be alright